Daily Archives: October 7, 2015

Trading Signals as per 7-October-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1188 1.1268 AUD/USD SELL Active 0.7242 0.7172 USD/CHF BUY Active 0.9628 0.9718 GBP/USD BUY Active 1.5238 1.5328 USD/JPY BUY Active 119.58 120.28 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices declined 3.87% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51. However, the commodity pared its losses, after the OPEC’s Secretary-General, Abdalla Salem el-Badri, stated that global investments in oil … Continue reading

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Silver: White metal trading on a stronger footing in the Asian session

Silver Movement Silver prices declined 6.88% to USD 14.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.915, with the silver trading 9.42% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce. However, the losses in gold prices were capped, as weak US trade data raised hopes that the Federal … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.06% against the USD to close at 0.7157. LME Copper prices rose 0.59% or $ 30.5/MT to $ 5175.0/MT. Aluminium prices declined 0.03% or $ -0.5/MT to $ … Continue reading

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USD/CAD: Loonie extends its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.3038. In economic news, Canada’s Ivey purchasing managers index fell to a level of 53.7 in September, from a reading of … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CHF and closed at 0.9673. The Swiss Franc came under pressure, after the nation’s consumer prices fell for the eleventh consecutive month by 1.4% YoY … Continue reading

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USD/JPY: BoJ kept monetary policy unchanged

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 120.22. Yesterday, the IMF trimmed its growth forecast for Japan to 0.6% in 2015, from its earlier forecast of 0.8%. For … Continue reading

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GBP/USD: Pound trading higher, ahead of the NIESR’s GDP growth data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.5229. Data showed that, British house prices fell 0.9% MoM in September, reaching its lowest level in a year, from a … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the German industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.67% against the USD and closed at 1.1268, as investors shrugged off Germany’s downbeat factory orders data. Data revealed that the German factory orders unexpectedly fell 1.8% MoM … Continue reading

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